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America Movil SAB de CV Sponsored ADR Class L Stock News
Business performance and cash flow have improved, alongside a stock price decline, supporting a new price target of $23.72, a 65% upside potential. Postpaid growth, ARPU improvements, and EBITDA expansion signal the success of management's strategy, while reduced peso volatility and declining interest rates are easing financial risks. Rising trade protectionism poses a potential challenge, but ...
Mexican telecommunications giant America Movil on Tuesday reported a 48% fall in its fourth-quarter net profit, well below analysts' expectations, with the company citing foreign-exchange losses even as its revenues rose.
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América Móvil, S.A.B. de C.V. (NYSE:AMX ) Q3 2024 Earnings Call Transcript October 16, 2024 11:00 AM ET Company Participants Daniela Lecuona - Head of IR Daniel Hajj - CEO Carlos Garcia Moreno - CFO Oscar von Hauske - COO Conference Call Participants Milenna Okamura - Goldman Sachs Walter Piecyk - Lightshed Partners Marcelo Santos - JPMorgan Gustavo Farias - UBS Ernesto Gonzalez - Morgan Stanle...
Shares in Mexican telecommunications giant America Movil jumped 2% in Wednesday morning trading after the company reported strong results in the third quarter.
Mexican telecommunications giant America Movil reported on Tuesday that it more than tripled its net profit in the third quarter from a year ago, citing a weaker peso boosting its foreign earnings and lower financing costs.
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